Rasmussen University

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Rasmussen University
TypePrivate for-profit university
PresidentAnn Leja
Multiple campuses
, ,
United States
ColorsGreen and gold
Mascot"Rassy" the Moose

Rasmussen University is a private for-profit university with multiple locations throughout the United States. It offers associate's, bachelor's, master's and doctoral degrees[2] at 23 campuses in Minnesota, Illinois, North Dakota, Florida, Wisconsin, Kansas and offers many programs fully online. In October 2020, American Public Education, Inc began the process of acquiring Rasmussen.[3]

Rasmussen offers on-campus and online classes leading to Bachelor of Science (BS), Associate of Applied Science (AAS), and Associate of Science (AS) degrees in career-focused areas. It also offers a variety of certificates and diplomas.[2][4]


Green Bay, Wisconsin campus

Walter Rasmussen founded the school in 1900 as the Rasmussen Practical School of Business, in Stillwater, Minnesota.[5][6] Rasmussen believed the need for skilled professionals by the local business community was not being met.[7][8] With the advent of women's suffrage in 1920 through the Nineteenth Amendment, the school’s female enrollment began to increase.[9] In 1945 Walter Rasmussen retired and named Walter Nemitz to succeed him as director of the college. Nemitz had been with the college since 1934 and as director instituted a number of curriculum upgrades.[10] By 1950, more than 22,400 students had graduated from the school.[11] In 1961, Walter's sons Wilbur Nemitz and Robert Nemitz took ownership of the school. In 1974, Rasmussen College acquired the St. Cloud Business College, and in 1979 acquired the Northern Technical School of Business. In 1983, the school opened a campus in Mankato, Minnesota. More campuses were opened in Eagan, Minnesota (1989), St. Cloud, Minnesota (1997), Rockford, Illinois (2006), Lake Elmo, Minnesota; Eden Prairie, Minnesota; Blaine, Minnesota (2010), Topeka, Kansas (2013), Overland Park, Kansas (2013) and Green Bay, Wisconsin (2007), Mokena-Tinley Park, Illinois (2010) and Wausau, Wisconsin (2010).[12]

In 2001, Rasmussen College was accredited by the Higher Learning Commission.[13]

Rasmussen opened an online campus in 2002.[14] The school acquired Aakers College in North Dakota[15] and Webster College in Florida and merged the schools into Rasmussen's operations.[16][17] Presently, the school has more than 100,000 graduates.[18]

In 2010, Rasmussen College announced a partnership with Market Motive Inc and announced programs in Internet marketing.[19]

Rasmussen was sold to Renovus Capital in 2018.[20]

Rasmussen College became Rasmussen University in October, 2020. [21]


The school offers more than 70 programs[22][23] and is organized into seven schools: Health Sciences, Design, Business, Justice Studies, Education, Nursing, and Technology.[24]


Rasmussen University is accredited by the Higher Learning Commission (HLC), the regional accreditor serving Minnesota.[25]

Student outcomes[edit]

According to a 2012 US Senate HELP investigation on for-profit colleges led by Tom Harkin, 63.2 percent of Rasmussen students withdrew, many after only five months of study.[26]

The College Scorecard,[27] reports that Rasmussen University has graduation rates ranging from 21 to 31 percent, typical salary after attending of $32,600 and a student loan repayment rate of 35 percent.


  1. ^ "Search". College Scorcard. US Department of Education. Retrieved 17 June 2019.
  2. ^ a b "Degrees and Programs Online and On Campus".
  3. ^ Seltzer, Rick. "American Public Education Acquires Rasmussen". Inside Higher Education.
  4. ^ "Degrees and Programs Online and On Campus". Rasmussen College.
  5. ^ "For Profit Higher Education: The Failure to Safeguard the Federal Investment and Ensure Student Success". U.S. Senate Committee on Health, Education, Labor, and Pensions. pp. 693–712. Archived from the original (PDF) on 29 July 2012. Retrieved 9 August 2012.
  6. ^ http://eab.state.wi.us/newsroom/newsletter/02winter-news.pdf[bare URL PDF]
  7. ^ Rasmussen College: from the EdRef college search directory
  8. ^ Rasmussen College – Business College
  9. ^ Rasmussen College – Business College
  10. ^ "Rasmussen College History: 1950's-1960's". Rasmussen College.
  11. ^ "1950s-1960s Rasmussen History".
  12. ^ Green Bay Press-Gazette - The article requested can not be found! Please refresh your browser or go back. (U0,20070625,GPG03,70625114,AR)
  13. ^ "Statement of Accreditation Status". Higher Learning Commission. Higher Learning Commission. Retrieved 17 June 2019.
  14. ^ Rasmussen College Announces New Online Division
  15. ^ Aakers plans merger with parent college Associated Press, Bismarck Tribune, Monday, March 19, 2007
  16. ^ wcco.com - Aakers College May Merge With Rasmussen
  17. ^ Bismarck, ND News - Page 55| KXNet.com Dickinson North Dakota
  18. ^ "School History And Background". 22 May 2021.
  19. ^ http://www.greenbaypressgazette.com/article/20101104/GPG03/11040588/Rasmussen-boosts-Internet-marketing-program
  20. ^ Guy, Edu. "Private Equity investing in Education companies conference discount code". www.marketdrivenedu.com. Retrieved 5 April 2020.
  21. ^ "Rasmussen University Transition | Rasmussen University". Rasmussen University Transition | Rasmussen University. Retrieved 2021-03-01.
  22. ^ "RasStateFair30". Kare11. Archived from the original on 2012-08-25.
  23. ^ "Earn Your Business Management Bachelor's Degree and MBA Online in Five Years". Rasmussen College.
  24. ^ "Degree Programs". Rasmussen College.
  25. ^ MN schools with regional accreditation
  26. ^ Herbert, Matt; Hustad, Elizabeth (November 20, 2013). "For-profit colleges: Prospective students need to approach them with eyes wide open". MinnPost. Retrieved 1 February 2015.
  27. ^ "College Scorecard". Rasmussen College. US Department of Education. Retrieved 17 June 2019.

External links[edit]

Coordinates: 44°51′34″N 93°20′10″W / 44.859467°N 93.335980°W / 44.859467; -93.335980